Augusta Gold Corp. (OTCMKTS:AUGG) Sees Large Drop in Short Interest

Augusta Gold Corp. (OTCMKTS:AUGG) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,500 shares, a drop of 71.2% from the May 31st total of 15,600 shares. Based on an average daily trading volume, of 28,800 shares, the days-to-cover ratio is presently 0.2 days.

Augusta Gold Trading Down 5.2 %

Shares of AUGG opened at $0.67 on Friday. The stock has a 50-day simple moving average of $0.75 and a 200-day simple moving average of $0.67. Augusta Gold has a 1 year low of $0.38 and a 1 year high of $0.93.

Augusta Gold (OTCMKTS:AUGG) last issued its earnings results on Friday, May 10th. The company reported ($0.03) earnings per share for the quarter.

Augusta Gold Company Profile

Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada.